Super Bowl

Record-shattering 68M Americans expected to bet $23.1B on Super Bowl LVIII: Survey

The number is up from $16 billion last year, according to the American Gaming Association

NBC Universal, Inc. Nearly 68 million adults are expected to place a wager on the Chiefs-49ers matchup, according to the American Gaming Association.

The Super Bowl is in Las Vegas for the first time this year, but bets on the big game are expected to rise well beyond Sin City.

A record 67.8 million Americans -- about 26% of the country's adult population -- are expected to wager an estimated $23.1 billion on Super Bowl LVIII between the Kansas City Chiefs and San Francisco 49ers, according to research from the American Gaming Association. That $23.1 billion is a 35% increase from the $16 billion estimate from the AGA's 2023 research ahead of Super Bowl LVII.

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The AGA expects 42.7 million American adults to place a traditional sports wager online, at a retail sportsbook or with a bookie and another 36.5 million to bet casually with friends or in a pool or squares contest. With legal online sports gambling legal in 38 states and Washington, D.C., the AGA expects 28.7 million adults to place online wagers using a legal U.S. sportsbook.

"As the Super Bowl comes to Las Vegas for the first time, this year’s record interest in wagering marks a full circle moment for the U.S. gaming industry," AGA President and CEO Bill Miller said. "Our priority remains getting this opportunity right by providing the consumer protections only a regulated market can guarantee and investing in responsible gambling tools, safeguards and education."

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The AGA got its figures from a survey of 2,204 adults conducted by data firm Morning Consult.

When it comes to the actual matchup on the field, bettors are just about split with 47% expecting the Chiefs to repeat as Super Bowl champions and 44% expected to side with the 49ers.

Significant Super Bowl bets have already started rolling in. Caesars in Las Vegas said last week that it took a $1 million bet on a 49ers win and a $100,000 bet on the Super Bowl coin toss to land tails.

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